Stockhouse @ the Bell: Markets Overcome Early Losses | 2021-02-22 | Invest news

Despite the industrial and utilities losses that weighed on the Toronto market on Monday, Canada’s major equity index closed the day higher thanks to gains in the energy, financial, and metals & mining sectors.

US stocks also fell sharply in early trading as a steady rise in bond yields hurt appetite for risk-weighted assets, especially growth technology stocks. However, the market is heading into the final week of February with solid gains and the Dow has managed to turn things around by the end of the trading day. The Dow and S&P 500 are up more than 5% this month, while the NASDAQ is up 6.2%. The rapidly rising government bond yields over the past few weeks have worried some equity investors as they could hurt particularly high-growth companies that rely on easy borrowing while reducing the relative attractiveness of stocks.

Today in the markets

The Canadian dollar traded at 79.12 cents compared to 79.28 cents on Friday.

Crude oil prices rose $ 2.45 to $ 61.69.

The gold price rose 24.25 to $ 1,808.44.

On the world markets, the Nikkei rose by 138.75 points to 30,156.03, the Hang Seng by 321.46 points to 30,319.83, the FTSE by 11.76 points to 6,612.24 and the DAX by 43.06 points to 13,950 , 04.

Top 10 Bullboards:

In the news today:

Xander Resources Inc. | 2021 well update of the Val Cla’or Senneville East Claim Group
Marimaca Copper Corp. | Marimaca announces a $ 30.9 million un-brokered private placement
Desert Mountain Energy Co. | Desert Mountain Energy Announces Additional Acquisitions of Select Properties in Navajo County, AZ
INTERNATIONAL MONTORO RESOURCES INC Montoro Announces Name Change at Marvel Discovery Corp. known
PyroGenesis Canada Inc | PyroGenesis CEO will be presented at the 7th Annual Gabelli & Company Waste & Environmental Services Symposium on March 18th
FenixOro Gold Corp. | FenixOro identifies a potential exploration target for the Abriaqui bulk volume
Lucky Minerals Inc. | Lucky Minerals announces the completion of the second and final tranche of unbroken private placement units
Blackrock Gold Corp | Presentations of the Metals & Mining Investor Conference
Arizona Metals Corp. | Now available for on-demand ads: Metals & Mining Investor Conference Presentations
Canada Nickel Company Inc. | Investor Conference Presentations Now Available for On Demand Viewing
Generation Mining Limited | Generation Mining appoints Jennifer Wagner to the Board of Directors
Northstar Gold Corp. | Northstar completes second tranche of $ 2.7 million private placement
Great Thunder Gold Corp. Great Thunder Files Updated NI43-101 on the Chubb Lithium, Quebec Property
Gratomic Inc. | Gratomic becomes debt free
Kontrol Energy Corp | Kontrol sets up scientific advisory board for BioCloud technology
Novamind Inc | Novamind Fast Tracked for inclusion in Horizons’ Psychedelic ETF
BIGG Digital Assets | BIGG Digital Assets Inc. Buys Additional 60.7 Bitcoins for Netcoin’s Operational Float; The entire Bitcoin Treasury reaches 300 BTC
Novo Resources Corp | Juggernaut is expanding the financing from USD 1,500,000 to USD 2,800,000 due to strong demand from institutions and key strategic investors
Gratomic Inc. | These are possibly some of the most exciting opportunities for electric vehicles
Fabled Silver Gold Corp. | Fabled Silver Gold announces the exercise of warrants for proceeds of $ 4,150,000
Delta 9 Cannabis Inc | Delta 9 Cannabis invites you to attend the Benzinga Virtual Cannabis Capital Conference
Bunker Hill Mining Corp. Simultaneously with the silver production, Bunker Hill is reporting flat, high quality zinc drill results that support the plan for a quick restart
Defense Metals Corp. | China’s threat of rare earth supplies could create a “strategic trap”
Baseload Energy Corp. Baselode receives approvals and continues to be committed to communities

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